Caliway Biopharmaceuticals Co Ltd

Caliway Biopharmaceuticals Co Ltd

TTWSE:6919
73.80
TWD
-2.20
(-2.89%)
-0.17EPS
155.33BMarket Cap
Nov 11Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.05
0.02
0.03
0.01
0.03
0.03
0.02
0.02
Basic EPS, GAAP
-0.35
-0.18
-0.49
-0.24
-0.39
-0.41
-0.23
-0.17
Free Cash Flow per Basic Share
-0.34
-0.09
-0.27
-0.22
-0.35
-0.37
-0.29
-0.19
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.02
0.08
1.05
1.89
5.37
6.3
6.06
5.92
Tangible Book Value per Share
-0.02
0.08
1.05
1.89
5.37
6.3
6.06
5.92
Basic Weighted Avg Shares
350
534
461
1,171
1,239
1,430
1,543
1,561
Sales/Revenue/Turnover
19
10
12
13
39
44
38
29
Operating Margin (%)
-654.87
-1,020.3
-1,869.95
-2,493.17
-1,318.88
-1,613.95
-1,859.31
-2,827.47
Depreciation Expense
22
18
23
25
28
30
31
31
Net Income, GAAP
-122
-98
-224
-286
-488
-589
-352
-258
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-653.27
-951.56
-1,817.76
-2,232.1
-1,254.64
-1,325.18
-925.2
-877.11
Working Capital
-72
47
566
1,084
3,670
9,653
4,946
4,128
LT Debt
69
116
29
20
12
3
- -
98
Total Equity
-9
47
645
1,164
3,741
9,697
9,410
9,207
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
-64.89
-31.64
-19.92
-8.76
-3.68
-2.77

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3
- -
10
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
98
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,553
1,556
1,556
Market Capitalization
240,711
134,314
155,328

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,991
5,029
4,198
Cash, Cash Equivalents & STI
4,860
4,889
4,047
Accounts Receivable, Net
6
- -
- -
Inventories
3
3
5
Total Current Liabilities
45
111
70
Payables & Accruals
- -
- -
- -
ST Debt
3
- -
10
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
348.34%
-2.95%
Free Cash Flow
- -
66.58%
-16.94%
Net Income, GAAP
- -
41.27%
-40.23%
Sales/Revenue/Turnover
- -
45.31%
-14.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4
8
23
9
44
2025
- -
12
13
12
38
2026
- -
4
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.16
-0.13
-0.1
-0.04
-0.41
2025
-0.11
-0.16
- -
0.05
-0.23
2026
-0.07
-0.14
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yu Fang Ling
Full Time Employees
20
Sector
Health technology
Industry
Biotechnology
Address
No.99, Xintai 5th Road New Taipei City TP Taiwan 221
IPO Date
Oct 2, 2024
Business
Caliway Biopharmaceuticals Co., Ltd. (TWSE:6919) develops small-molecule therapeutics for medical aesthetics and inflammatory diseases. The company, founded in 2012 and headquartered in New Taipei City, Taiwan, focuses on unmet needs in areas such as non-surgical fat reduction, cellulite, hyperpigmentation, skin aging, Dercum's disease, osteoarthritis, and central obesity; its lead product, CBL-514, is a first-in-class injectable that induces targeted adipocyte apoptosis for subcutaneous fat reduction, cellulite treatment, and Dercum's disease, currently advancing through global Phase 3 trials including SUPREME-01; CBL-539 comprises a long-acting injectable for refractory melasma via melanin inhibition and skin elasticity improvement through collagen production; CBF-520 targets central obesity in preclinical development; the company also pursues combination therapies with GLP-1 receptor agonists for weight rebound management and offers dietary supplements. Caliway operates primarily in the biotechnology sector, targeting global markets with high-potential indications exceeding $10 billion in value, and plans regional authorizations in Taiwan, China, Korea, and Southeast Asia alongside global licensing partnerships. Recent developments include FDA clearance and IND approval for the SUPREME-01 Phase 3 study of CBL-514 in July 2025, Health Canada approval for the same trial in August 2025 with U.S.-Canada recruitment underway, inclusion in the MSCI Global Standard Index effective August 2025, successful End-of-Phase 2 meeting with FDA in May 2025 confirming pivotal design for abdominal fat reduction NDA, positive Phase 2 cellulite results in 2024 with over 95% improvement rates, and preclinical data presentations on CBL-514-GLP-1 combinations at EASD 2025 and BIO 2025.